Poet stock
I’m hearing a lot of people say they’re hoping for $26-$30 or more by the end of the year. My realistic thought is Possibly $18 by the end of the year. And even if they do reach 18 by the end of the year, it will soon consolidate back down to the $16 range or so. You have to keep in mind that all the hopes and dreams that a lot of people have of this company that they could possibly even achieve in the next 12 to 16 months, The market has pretty much almost already priced just about all of that in to its current price ratio. Don’t forget about all the shared dilution gentlemen and ladies. I have a lot of shares as well and I really want this thing to go to the moon, but we have to be realistic. If they can scale and follow through and meet their current $50 million deal. That could turn into a $500 million deal. Then they will have a leg to stand on to even justify the price that we currently have right now. But that is the deal that needs to be sealed so that other companies want to make big deals that are even bigger than this one. And that’s when you see the stock move which in my opinion if that happens, you’re talking another two years out. And then we could be sitting in the $65-$80 range. But remember that if an only if everything goes absolute perfect. And we cannot forget that we are asking for every single thing to go perfect from now going forward, and we’re asking this from a company who has done nothing perfect in the past couple years. They have dropped the ball left and right. And can’t forget as well that we’re talking about a company that has diluted shares about seven times and the last year or so. So just be aware that even once this thing does start climbing fast, they are going to dilute the heck out of shares multiple times over. I’m not being a downer. I’ve been in poet for a long time and have thousands of shares. I’m just being realistic.